Tuesday, April 15, 2008

This article titled "How to Make Money on eBay" from the Wall Street Journal online is a good read from a journalist who tries her hand at selling on eBay.

That's ironic, because simplicity is a big reason eBay appealed to me. (Along with instant wealth, of course.) I liked the notion that the sales process would run in the background, like a computer-virus protection program, while I did other things, like my full-time job. EBay would be running things for me.

The article makes a couple of really good points about what it takes to be successful on eBay;

1. That you have to increase your average sell price.2. That you have to constantly look for ways to keep your cost down.3. Don't pay too much for your inventory.